Excessive government regulation is harming the economy, reducing freedom of choice and making people’s lives harder.
Patrick Hannaford, Institute of Public Affairs research fellow Becoming a hairdresser in New South Wales requires approximately 1,224 hours of study and can cost $12,060. In order to open a restaurant in the same state you must fill out 48 separate forms and acquire 72 licences.
That’s according to forthcoming research by the Institute of Public Affairs, which applies a new method of measuring red tape pioneered by the Mercatus Center at George Mason University in the United States. Known as RegData, this method uses artificial intelligence to count the number of restrictive clauses in legislation and regulation, which are words and phrases such as “shall” and “must not”.
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